Allspring Multi-Sector Income Fund
ERC
70 hedge funds and large institutions have $62.7M invested in Allspring Multi-Sector Income Fund in 2024 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 24 increasing their positions, 22 reducing their positions, and 6 closing their positions.
83% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 6
29% more capital invested
Capital invested by funds: $48.6M → $62.7M (+$14.2M)
6% more funds holding
Funds holding: 66 → 70 (+4)
5.16% more ownership
Funds ownership: 19.26% → 24.42% (+5.2%)
9% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$3.07M |
| 2 |
Pathstone Holdings
Englewood,
New Jersey
|
+$2.84M |
| 3 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
+$2.59M |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$1.5M |
| 5 |
BEI
Benjamin Edwards Inc
Clayton,
Missouri
|
+$1.38M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$290K |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$277K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$253K |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$251K |
| 5 |
Walleye Capital
New York
|
-$211K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
US Bancorp
Minneapolis,
Minnesota
| – | -$13.3K | -1,478 | Closed |
|
|
WAS
77
Winch Advisory Services
Appleton,
Wisconsin
| – | -$1.5K | -167 | Closed |
|
ERC Hedge Fund Activity: Q3 2024 in Review
70 of the 6,965 institutional investors tracked by Wall St. Rank reported a position in Allspring Multi-Sector Income Fund (ERC) for Q3 2024, worth a combined $62.7M — up 29% from $48.6M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new ERC positions and 6 closed out — a net gain of 5 holders — while 24 added to existing stakes and 22 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $3.07M. The largest seller was Advisors Asset Management, cutting an estimated $290K.
- 70 institutional investors held Allspring Multi-Sector Income Fund (ERC) as of Q3 2024, up from 66 in Q2 2024.
- Funds reported $62.7M of Allspring Multi-Sector Income Fund stock for Q3 2024, up 29% quarter-over-quarter.
- 11 funds opened new Allspring Multi-Sector Income Fund positions in Q3 2024 and 6 closed out, a net change of +5 holders.
- The largest Allspring Multi-Sector Income Fund buyer in Q3 2024 was Sit Investment Associates, an estimated $3.07M added.
- The largest Allspring Multi-Sector Income Fund seller in Q3 2024 was Advisors Asset Management, an estimated $290K sold.
Based on aggregated 13F filings for Q3 2024.